Megatrends

The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.

Global shifts in gender, ageing, migration, housing and education are transforming the size, location and general make-up of households around the globe, with diverse implications for governments and companies. Households insights can help identify ...

The landscape in which businesses operate has an impact on the supply chain and regulatory matters while offering scope for innovation and new ways of doing business. Insights on key sectors directly related to the environmental sustainability of a ...

The economy will decelerate in 2020. The domestic performance will be hampered by COVID-19 shutdowns in the first half of the year, whilst export growth will be hindered by the global COVID-19 related slowdown. The contraction in the US, the main ...

Latin America has great potential for investment, yet still faces severe issues with government instability, widespread corruption and terrorism. The region also has high tax rates deterring potential investment, however, continues improving systems ...

Latin America’s growth should recover in 2020. The region’s consumer expenditure will also strenghthen in 2020. Caribbean economies will lag behind other countries due to their excessive reliance on tourism and remittances. Latin America is still ...

Despite the rapid growth of modern grocery retailers, traditional grocery retailers remain prominent in the Dominican Republic, holding higher current value share of retailing with significantly more outlets than modern grocers. Traditional grocery ...

Retailing in the Dominican Republic enjoyed further strong growth in 2019, as consumer spending increased in line with rising discretionary income. While informal retailing and cash-only payments continue to prevail in traditional retail outlets, ...

The review period saw several modern grocery retailers enter new regions and communities, with discounters expanding across the Dominican Republic at the fastest rate. Leading retailer Ramos Business Group (Grupo Ramos) launched the Aprezio brand of ...

As Dominican consumers continue to embrace technology and smartphones, their love of devices has had a favourable impact on the growth of e-commerce in the country. In terms of merchandise goods, most purchases are made via websites abroad, ...

The health and wellness trend continues to contribute to a burgeoning demand for health and beauty specialist products. Growing consumer awareness of issues associated with health and wellbeing is motivating Dominican consumers to turn to local ...

Warehouse clubs led growth in mixed retailers in 2019, thanks to the long-awaited opening of PriceSmart Dominicana, SA’s fourth location in the country towards the end of the review period, in San Isidro. Following up on its success, PriceSmart ...

Mobile e-commerce continued to register strong value growth in 2019, albeit at a slower rate than it enjoyed over the review period. Rising demand is fuelling the growth of e-commerce overall, with consumers attracted to the convenience offered by ...

Food and drink direct selling led current value growth in 2019, followed by consumer health direct selling. The continued growth of consumer health direct selling is fuelled by increasing consumer demand for products such as vitamins and dietary ...

Sales of home insecticides saw very strong growth over 2019, as the country found itself in the grips of a dengue epidemic in several areas. Similar to the period in 2014-2015 when sales of home insecticides spiked as a result of widespread concerns ...

Laundry care recorded high current value growth in 2019 compared to the review period, as consumers continued to use these products in large volumes across the country. Standard powder detergents continued to dominate laundry care due to their ...

In 2019, the most prevalent form of washing dishes across all socioeconomic groups in the country was washing dishes by hand. Ownership of automatic dishwashers in the country remains negligible, and this is not expected to change over the forecast ...

Bleach sales recorded an increase over the review period as the country has found itself battling against dengue, and chlorine bleach served as an important and affordable tool to combat the outbreaks....

Surface care is highly valued by local consumers, used daily within the majority of homes in the Dominican Republic. The most commonly used items are home care disinfectants and multi-purpose cleaners that are used by most households for general ...

Within home care, toilet care remains a small category in the country with dedicated products being relatively expensive compared to other items used to clean the house. Toilet care remains underdeveloped due to lack of consumer interest and overall ...